Shrugging off gloom over the economic outlook, Intel Capital on Tuesday announced its first “clean-tech” initiative in China, a $20 million equity investment in Trony Solar Holdings, one of China’s biggest makers of solar energy and wind power equipment. “The world economy is in a very difficult position, but innovation is the way to help the companies out of financial crisis. Intel Capital is still committed to investing in innovative companies,” Cadol Cheung, managing director of Intel Capital for the Asia Pacific, told reporters. Intel Capital’s parent is computer chip maker Intel Corp.
